Tag: Debt consolidation

There’s no doubt that dealing with debt is stressful. But should you use your home equity to pay it off? Read this Flashback Friday post from Ashley before making the decision. With a fixed income, rising living costs, and unexpected expenses it is easy to see how credit card debt can accumulate. As balances go… Read More

Members of the military face unique situations and challenges that civilians do not. For example, active service members face the possibility of deployment and sometimes continuous relocation. A 2014 National Foundation for Credit Counseling (NFCC) survey indicated 77% of service members have financial worries and 55% believe they’re not prepared to handle a financial emergency. Although… Read More

Since bankruptcy has such a negative effect on credit, we encourage people to consider it as a last resort. Today, we’re flashing back to this post about determining if you should file and your options if you decide to file. As a financial counselor, I often speak with people who are knee-deep in debt, and… Read More

After nearly a year of attending financial counseling sessions, group financial workshops, and working hard to pay down debt, four participants were winners of Superior Choice Credit Union’s Great Debt Pay Down program in partnership with LSS Financial Counseling. The Great Debt Pay Down was a year-long challenge with a $3,000 grand prize for the… Read More

Buy now, pay later. While it sounds like a great idea at the time, the consequences aren’t so great. You end up paying much more than the original purchase price and depending on how much you charged, it could take months or even years to pay off those charges. So what will you pay? To… Read More